Your Market and Economy Outlooks 6 months Down the Road

Market Up, Economy Up

Market Up, Economy Down

Market Down, Economy Up

Market Down, Economy Down

Am I hallucinating or are there in fact a bunch of pessimists out there right now when it comes to market outlook? I am usually the most pessimistic guy in the room, but nowadays I seem to be one of the more optimistic ones.

If my senses don't deceive me on the above, I have a theory that the economic outlook is weighting heavily on people right now. And that they transfer their perception of the economy on their market expectations.

The Standard & Poor's 500 closed more than 1% below its intraday high in each session last week from Monday through Thursday, a buckling streak not seen since a similar nine-day spell in March 2009 that immediately preceded this bull market. Such persistent determination to sell into strength eventually exhausts the selling pressure, and in 14 such prior instances, the stock market has gone on to average gains of 4.3% a month later and 11.7% after six months, notes Bespoke Investment Group.http://online.barrons.com/article/S...ml?mod=BOL_twm_mw#articleTabs_panel_article=1